Circle will release its Q1 financial report tomorrow before the US stock market opens.
**Circle to Release Q1 USDC Issuer Financial Report May 11**
Per an official announcement, Circle—issuer of U.S. dollar stablecoin USDC—will publish its first-quarter financial report ahead of the U.S. stock market open on May 11. A conference call to discuss results and business progress is set for 8:00 PM Beijing time that day.
Market expectations:
- Q1 revenue: ~$715M (down ~7% QoQ from Q4 2025’s $770M, but up ~11% YoY)
- GAAP EPS: $0.18; adjusted EPS: $0.27
- Average analyst price target: $144.36
In ratings updates:
- Oppenheimer retains an **Outperform** rating with a $152 target
- Needham keeps a **Buy** rating but cuts its target to $130 (from $190)
Per Bitget data: Circle’s market cap is $28.1B, with shares currently trading at $113.67.
### Notes on American English adjustments:
- Used concise phrasing (e.g., "ahead of the U.S. stock market open" instead of "before the U.S. stock market opens")
- Leveraged common abbreviations (QoQ/YoY, EPS) and symb
2 minutes ago
Qatar LNG Carrier Transits Hormuz Strait for First Time in About 70 Days
May 10 — A Qatari LNG tanker has transited the Strait of Hormuz and entered the Arabian Sea, bound for Pakistan, per the latest shipping tracking data from the Maritime Traffic Website (updated May 10).
This marks the first Qatari LNG vessel to pass through the strait in roughly 70 days, since the U.S. and Israel carried out military operations against Iran.
The ship used a new route recently opened by Iranian authorities. It transmitted position data via the Automatic Identification System (AIS) on May 9 (indicating entry into the Strait of Hormuz) before going silent on location signals for an extended period. The May 10 update confirms it has cleared the strait and entered the Arabian Sea.
(Xinhua)
2 minutes ago
Solana-based Meme Coin TROLL Market Cap Surpasses $90 million, Surging Over 77% in 24 Hours
**May 10th**
Per GMGN monitoring, Solana-based meme coin **TROLL** has surged sharply in market capitalization: it surpassed $90 million, peaking at $91.47 million—marking a 77% gain over the past 24 hours. Its 24-hour trading volume hit $12.2 million.
BlockBeats notes that meme coins are extremely volatile, often driven by market sentiment and hype, with no underlying value or real-world use cases. Investors should be aware of the associated risks.
2 minutes ago
The probability on Polymarket of the "Sell Any Bitcoin by End of Year" strategy has surged to 90%.
On May 10, the probability linked to a Polymarket prediction market question—“Will Strategy sell any of its held Bitcoin before year-end?”—surged to 90%, up from just 12% on May 5.
Additionally, the odds of Strategy selling any Bitcoin by May 31, 2026, stand at 49%, while that figure rises to 75% for June 30, 2026.
Previously, Strategy founder Michael Saylor broke the company’s longstanding “never sell” stance for the first time. During the Q1 2026 earnings call livestream, he noted the firm may sell a portion of its Bitcoin holdings to fund dividends. “We might sell some Bitcoin to pay a dividend,” Saylor said, “with the key goal of desensitizing the market and signaling that we have indeed done so.”
2 minutes ago
Report: Coinbase and Kraken Account for 22% of US Crypto Industry AI Mentions, IBIT Leads Bitcoin ETF-related Responses
A May 10 market analysis report shows Coinbase and Kraken together account for 22% of all AI references in the cryptocurrency category—13% for Coinbase and 9% for Kraken—leading other U.S. exchanges by a three-to-one margin. Gemini ranks third at 5.5%, Robinhood Crypto fourth at 5%, and BlackRock’s bitcoin spot ETF IBIT fifth at 4.5%, while dominating searches related to "bitcoin ETF."
The analysis notes hardware wallets are losing influence in AI-generated responses. Though Ledger and Trezor still lead in searches for "best cryptocurrency wallets," AI now more often recommends custodial solutions from regulated exchanges when users ask about the "best crypto asset storage methods." The report argues the "self-custody narrative" that gained traction after the FTX collapse is no longer the dominant framework AI references.
Moreover, AI is rapidly reshaping the playing field for U.S. retail crypto finance brands: "When users ask ChatGPT where to buy Bitcoin, the platforms AI priori
2 minutes ago
A US military F-35 fighter jet sent a distress signal over the Arabian Sea
May 10 — A U.S. Air Force F-35 Lightning II fighter jet transmitted the 7700 emergency code minutes ago while operating over the Arabian Sea, according to Iran’s Tasnim News Agency.
The 7700 code is a universal emergency signal for both civilian and military aircraft, signifying a critical situation (e.g., mechanical failure, medical emergency, or loss of control) that requires priority handling and may call for an immediate landing.
2 minutes ago
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